Truchum expects significant profit growth in Q1 2025

Anhui Truchum Advanced Materials & Technology (SZSE:002171) anticipates significant growth in its first-quarter 2025 performance, according to a preliminary announcement. The company projects net profit attributable to shareholders of the listed company to range between CNY13 million and CNY15 million, representing a year-over-year increase of 26.74% to 46.24% compared to CNY10.25699 million in the same period last year. Excluding non-recurring gains and losses, the net profit attributable to shareholders is expected to be between CNY12.5 million and CNY14.5 million, an increase of 68.70% to 95.70% from CNY7.40944 million in the first quarter of 2024. Basic earnings per share are forecasted at between CNY0.0879 and CNY0.1014 compared to CNY0.0769 last year. The company attributes the positive outlook to stable growth in production and sales volumes, as well as improved operational management and product structure adjustments. The financial data disclosed is a preliminary estimate.